Paradex Official Statement: Brief System Interruption Fully Resolved, User Funds Always Secure
Paradex has confirmed that a brief platform outage earlier this week did not affect any user funds or asset security. The incident occurred during internal system maintenance and lasted several hours, but has been fully resolved.
Throughout the event:
- User balances remained intact
- All assets remained secure
- No fund losses, unusual transfers, or account risks occurred
The team responded promptly, providing updates via Discord as the single source of truth to ensure transparent communication. They addressed user inquiries directly and supported individual account checks.
Paradex noted that some media coverage appeared coordinated and included inaccuracies or premature reporting, which amplified the event beyond its actual technical impact.
Since full restoration, platform metrics have recovered strongly:
- Total trading volume exceeds $1.5B
- TVL and open interest have returned to pre-incident levels and continue growing
- User participation remains stable
Paradex emphasizes its commitment to accuracy and transparency, and remains focused on providing a high-performance decentralized trading experience.
marsbit01/21 12:21
